FAMILYAID BOSTON INC

EIN: 042105756 501(c)(3)

BOSTON, MA

Total Revenue
$28,977,674
Total Expenses
$24,761,960
Total Assets
$50,417,237
Net Assets
$15,762,349
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1920
Legal Domicile
MA
Principal Officer
LAWRENCE SEAMANS
Phone
6175427286
Tax Period
2024-07-01 to 2025-06-30

FAMILYAID BOSTON INC, founded in 1920, is a mid-sized nonprofit that reported $29.0M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $24.8M left a modest 15% surplus.

Mission

FAMILYAID BOSTON EMPOWERS PARENTS AND CAREGIVERS FACING HOMELESSNESS TO SECURE AND SUSTAIN HOUSING AND BUILD STRONG FOUNDATIONS FOR THEIR CHILDREN'S FUTURES.

Program Service Accomplishments

Program 1
Expenses: $22,547,860 Revenue: $881,936

FAMILYAID IS BOSTON'S LARGEST ORGANIZATION SOLELY DEDICATED TO CHILDREN AND PARENTS FACING HOMELESSNESS, DELIVERING EDUCATION AND TRAINING, PREVENTION SERVICES, EMERGENCY SHELTER, TEMPORARY AND...

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FAMILYAID IS BOSTON'S LARGEST ORGANIZATION SOLELY DEDICATED TO CHILDREN AND PARENTS FACING HOMELESSNESS, DELIVERING EDUCATION AND TRAINING, PREVENTION SERVICES, EMERGENCY SHELTER, TEMPORARY AND PERMANENT HOUSING, SERVICE NAVIGATION, AND COMPREHENSIVE CASE MANAGEMENT TO 5,233 CHILDREN AND PARENTS IN FY25.OUR WORK INCLUDES:2GEN SERVICES - DRAWING ON EVIDENCE-BASED MODELS FROM THE ASPEN INSTITUTE, FAMILYAID SHORTENS THE TIME FAMILIES ENDURE THE TRAUMA OF HOMELESSNESS. BY DIRECTLY CONNECTING PARENTS AND CHILDREN TO EMPLOYMENT AND HOUSING SERVICES, EARLY EDUCATION, HEALTH CARE, FOOD ACCESS, AND ACADEMIC SUPPORTS, FAMILIES MOVE FROM CRISIS TO STABILITY IN AS LITTLE AS EIGHT MONTHS.HOMELESSNESS PREVENTION - FAMILYAID'S EARLY INTERVENTION MODEL STOPS CRISES BEFORE EVICTION OCCURS, SPARING FAMILIES THE TRAUMA AND FINANCIAL DEVASTATION OF HOMELESSNESS. WORKING WITH PARTNERS INCLUDING BOSTON PUBLIC SCHOOLS, BOSTON CHILDREN'S HOSPITAL, AND THE CITY'S OFFICE OF HOUSING STABILITY, FAMILIES ARE REFERRED TO FAMILYAID FOR COMPREHENSIVE SERVICES THAT RESTORE STABILITY AND FOSTER LONG-TERM SUCCESS. IN FY25, MORE THAN 3,000 CHILDREN AND PARENTS WERE KEPT FROM ENTERING SHELTERS OR THE STREETS.TEMPORARY HOUSING AND EMERGENCY SERVICES - FAMILYAID PROVIDED SHELTER, TEMPORARY HOUSING, CASE MANAGEMENT, AND EDUCATIONAL PROGRAMS TO 950 CHILDREN AND PARENTS IN FY25. THIS YEAR, WE OPENED A STATE-OF-THE-ART 40,000 SQ. FT. FAMILY NAVIGATION CENTER, OFFERING SHELTER AND TEMPORARY HOUSING FOR MORE THAN 130 CHILDREN AND PARENTS AT A TIME, PLUS PLAYGROUNDS AND A CARING HUB WHERE STAFF, 22 PARTNER AGENCIES, AND 100+ VOLUNTEERS DELIVER TUTORING, NUTRITION, DAY CARE, HEALTH PROGRAMS, HOUSING SEARCH SUPPORT, AND COUNSELING.STABILIZATION - ALL FAMILIES ENGAGED WITH FAMILYAID RECEIVE A FULL YEAR OF STABILIZATION SERVICES TO PROMOTE LONG-TERM SELF-SUFFICIENCY. IN FY25, CASE MANAGERS PROVIDED STABILIZATION SUPPORTS TO 1,200 CHILDREN AND PARENTS, ACHIEVING AN ANNUAL HOUSING RETENTION RATE OF 97%.SYSTEMIC CHANGE - FAMILYAID LEADS CHIME, A MULTI-YEAR, CROSS-SECTOR COLLABORATION TO STRENGTHEN SYSTEMS OF CARE FOR CHILDREN EXPERIENCING HOMELESSNESS. BY MAPPING SERVICE GAPS, CHIME HELPS STAKEHOLDERS DELIVER MORE EFFECTIVE, COORDINATED PROGRAMS WHILE ADVANCING POLICY REFORMS. TO DATE, MORE THAN 200 NONPROFIT PROVIDERS, GOVERNMENT LEADERS, EDUCATORS, POLICYMAKERS, FAMILIES, AND ALLIES HAVE TAKEN PART.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $26,868,445
Program Service Revenue $278,552
Investment Income $1,298,413
Other Revenue $532,264
TOTAL REVENUE $28,977,674

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,142,995
Fundraising Expenses $1,660,452
Program Expenses $22,547,860
Other Expenses $12,618,965
TOTAL EXPENSES $24,761,960

Year-over-Year Comparison

2024 2023 Change
Revenue $28,977,674 $24,240,925 +0.2%
Expenses $24,761,960 $20,935,365 +0.2%
Net Income $4,215,714 $3,305,560 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
22
Independent Members
21
Employees
144
Volunteers
492

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$486,033
Total Directors
22
$258,560
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAWRENCE SEAMANS PRESIDENT & CEO 50.00
Officer Director
$247,250 $11,310 $258,560
LAURA SCOTT CHAIR 0.20
Officer Director
$0 $0 $0
DANIEL W HALSTON VICE CHAIR 0.20
Officer Director
$0 $0 $0
PIERCE HALEY CLERK 0.20
Officer Director
$0 $0 $0
BRUCE LIDDELL CHAIR OF THE FINANCE/AUDIT 0.20
Officer Director
$0 $0 $0
JOHN WORRALL DIRECTOR 0.20
Director
$0 $0 $0
KIP SANFORD DIRECTOR 0.20
Director
$0 $0 $0
C RICHARD CARLSON DIRECTOR 0.20
Director
$0 $0 $0
REGINA NORFOLK DIRECTOR 0.20
Director
$0 $0 $0
CHARLES DEKNATEL DIRECTOR 0.20
Director
$0 $0 $0
JAY C HART DIRECTOR 0.20
Director
$0 $0 $0
PAUL WHITE DIRECTOR 0.20
Director
$0 $0 $0
KEVIN COSTELLO DIRECTOR 0.20
Director
$0 $0 $0
ELLEN CROSS DIRECTOR 0.20
Director
$0 $0 $0
CHRISTIAN TOSI DIRECTOR 0.20
Director
$0 $0 $0
MEGHAN KEANEY ANDERSON DIRECTOR 0.20
Director
$0 $0 $0
TAISHA STURDIVANT-ULYSSE DIRECTOR 0.20
Director
$0 $0 $0
MARIA SULSER DIRECTOR 0.20
Director
$0 $0 $0
ANIL KHURAN DIRECTOR 0.20
Director
$0 $0 $0
REBECCA MONIRI DIRECTOR 0.20
Director
$0 $0 $0
JEFFREY TENGEL DIRECTOR 0.20
Director
$0 $0 $0
MAGNOLIA CONTRERAS DIRECTOR (AS OF 1/2025) 0.20
Director
$0 $0 $0
ELBA MARCILLO CFO 50.00
Officer
$201,227 $26,246 $227,473
ALICIA IANIERE CDO 50.00
Highest
$268,805 $28,931 $297,736
CHRISTIAN BRUNNER VP OF EVALUATION & LEARNING 50.00
Highest
$139,934 $32,337 $172,271
CARLA RICHARDS DIRECTOR OF PROGRAMS 50.00
Highest
$156,309 $15,948 $172,257
MIKAYLA FRANCOIS DIRECTOR OF HOUSING AND PREVENTION 50.00
Highest
$122,144 $31,519 $153,663
KAREN CONWAY VP OF HUMAN RESOURCE 50.00
Highest
$146,360 $7,197 $153,557
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $28,977,674 $24,761,960 $50,417,237 $4,215,714
2024 $24,240,925 $20,935,365 $35,057,552 $3,305,560
2023 $18,348,949 $18,482,563 $13,522,933 $-133,614
2023 $18,348,949 $18,482,563 $13,522,933 $-133,614
2022 $14,637,192 $15,207,730 $11,166,112 $-570,538
2021 $13,030,959 $13,622,153 $12,412,619 $-591,194
2020 $15,908,399 $9,783,706 $12,385,047 $6,124,693
2019 $8,308,302 $7,938,738 $6,247,973 $369,564
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